Josh Scandlen Podcast

# 91 When and Why You Should Use Life Insurance: Interview With Rajiv Rebello

Informações:

Sinopse

Life insurance gets a BAD wrap. Financial planners can't stand it. Investment managers can't stand it. The general population, like Suze Orman et al, can't stand it. With all these people who can't stand life insurance, how in the world does it still exist? Because it's a GREAT product, when used correctly! Life insurance is one of those products that when operating on full throttle should not be overlooked because the benefits are huge. First and foremost are the obvious benefits: You can create a sizable, tax-free estate, with pennies on the dollar. There is NO other product available out there that has the same ability. Nothing. Obviously, in this case, the insured needs to die before the estate is created and that stinks. But that's just one of the benefits of life insurance. Cash value in life insurance grows TAX FREE. You have access to that cash POTENTIALLY tax free. (There are many pitfalls to consider before taking a loan against your policy, just be advised). You can fund your insu